Carmela Mendoza
Carmela Mendoza is a senior reporter for Private Equity International based in London. She first joined PEI in Hong Kong in 2015 and covered Asia. A graduate of Ateneo de Manila University, she previously worked for a digital agency in Singapore focused on government websites and publications covering business, trade and industry, transport, and social development.
The private equity firm has traditionally retained exposure to assets the 'old fashioned way', according to managing partner James Brocklebank.
CEO Kewsong Lee says there was a ‘huge cross sell’ between AlpInvest and the rest of Carlyle, with more than 40% of LPs invested in both.
Almost two-thirds of investors said they expect capital calls to exceed distributions in 2021, according to a survey by Montana Capital Partners.
Investors cannot afford to ignore a GP set that has largely outperformed industry benchmarks, even during a pandemic.
The placement agent and advisory firm had worked on secondaries deals including the yuan to dollar restructuring of assets managed by Loyal Valley Capital.
The 'relationship business' of private equity is under threat as GPs and LPs pivot to working virtually in the face of the pandemic, a panel has heard.
The Spanish investment firm is in market with ACP Secondaries 4 which has a €750m target.
Fundraising for specialised vehicles including its fifth secondaries programme helped drive revenue in the quarter to June, according to the firm's latest results.
Funds managed by AlpInvest doubled fee related earnings to $12m in Q2 2020.
The Swiss manager has earmarked around a fifth of the $1.2bn Monte Rosa V for secondaries transactions and co-investments.